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Filing year 2024

PREP FOR PREP

New York, New York·EIN 13-2613383·NTEE B110 · Education·3
Total revenue
$11.2M
Total assets
$63M
Total expenses
$15.5M
Reported officers
92
Mission

PREP FOR PREP WAS ESTABLISHED IN 1978 WITH THE OBJECTIVE OF PROVIDING EDUCATIONAL ACCESS AND OPPORTUNITY TO NEW YORK CITY'S MOST PROMISING STUDENTS TO ENABLE THEM TO BECOME LEADERS IN THEIR COMMUNITIES AND IN THE COUNTRY'S MAJOR INSTITUTIONS.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2024

CEO Through 11/15/24
$424k
$459k
Base
$405k
Bonus
Other
Benefits
$490
CEO From 11/18/24
$315k
$340k
Base
$284k
Bonus
Other
Benefits
$12k
Chief Operating Officer
$275k
$297k
Base
$245k
Bonus
Other
Benefits
$12k
Director of Development an
$253k
$274k
Base
$230k
Bonus
Other
Benefits
$476
Director of Academic Progr
highest compensated employee
$240k
$260k
Base
$209k
Bonus
Other
Benefits
$12k
Director of Admissions
highest compensated employee
$224k
$242k
Base
$192k
Bonus
Other
Benefits
$17k
Director of Leadership Dev
highest compensated employee
$216k
$233k
Base
$185k
Bonus
Other
Benefits
$14k
Director of Post-placement Counseling
highest compensated employee
$194k
$210k
Base
$168k
Bonus
Other
Benefits
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 84 unpaid individuals.

Browse compensation in Education

Down 2%
from 2023

From $433k in 2023 to $424k in 2024.

$433k
2023
$424k
2024
In today's dollarsEst.
Down 6% in real terms$486k to $459k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PREP FOR PREP reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.4M
$15.5M
2023
$11.2M
$15.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in New York

Comparable education organizations in New York pay their highest-earning executive a median of $166,518.

25th percentile
$64k
Median
$166,518
75th percentile
$306k
90th percentile
$609k

These are education sector-wide figures, not this organization's reported pay. Based on 774 organizations across 774 filings (2021 – 2023).

See full Education pay data for New York
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